Friday, June 25, 2010

Nifty Position for Monday 28th June

 Nifty witnessed the yet another correction from the higher levels, as we keep mentioning in our previous reports that one could go for sell on rise until it close above 5400 for the targets of 5250 & 5200. Now in the next week we could expect some more correction in it. In the downside the 5200 would be key support. Closing below this support could slip it till the lower levels of 5115 to 5120 in short term. The short term resistance zone now we could see close to the levels of 5345 to 5350.


Posted By Commodity MCX Tips